Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Detroit, MI
Listed for sale today
$ 189,000
ROI
28.9
Cash Flow/m
479- 4 Bed
- 2 Bath
- 1613 sft
5537 Drexel St, Detroit, MI, 48213
Listed for sale today
$ 109,900
ROI
24.1Cash Flow/m
132- 3 Bed
- 2 Bath
- 900 sft
19483 Rosemont Ave, Detroit, MI, 48219
Listed for sale today
$ 200,000
ROI
29.2Cash Flow/m
527- 4 Bed
- 2 Bath
- 1488 sft
2737 Clairmount St, Detroit, MI, 48206
Listed for sale today
$ 140,000
ROI
24.8Cash Flow/m
197- 3 Bed
- 2 Bath
- 2145 sft
16829 Sorrento St, Detroit, MI, 48235
Why Invest in Detroit, Michigan?
Detroit properties under $300k offer strong entry points for investors seeking high cash flow opportunities. The city's revitalization drives solid rental demand with average rents around $1,200 monthly. Cap rates hover at 8-10% while appreciation reaches 5% annually in key neighborhoods. Renter occupancy exceeds 70%, supported by job growth in automotive and tech sectors. Low acquisition costs enable quick scaling of portfolios with reliable ROI.
12%
Avg. ROI
9.5%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Low entry prices combined with high rental yields around 9% create strong cash flow. Revitalization efforts boost appreciation at 5% yearly. Renter demand remains robust due to job growth in key sectors.
Find Your Perfect Investment Property in Detroit, Michigan
Explore investment opportunities by strategy, performance, or property type
